Hospitality and food services group K Hospitality Corp, which operates restaurants and cafes, food courts and airports stores with brands such as TFS, Copper Chimney, Bombay Brasserie and The Irish House, has allocated an investment of Rs 150 crore for capacity expansion across the group in the current year amid strong revival across the sector.

We expect to set up over 70 stores in the current financial year. We have signed up six large food courts, and another six are planned for the year.

He said the group has identified growth opportunities for food courts on highways, with the travel sector having rebounded from the impact of the pandemic.

For the April month, we have seen like-for-like 17% growth in numbers across our restaurant and banquets businesses versus pre-Covid numbers, which indicates a strong rebound in consumer sentiment and dining out.

For its Joshh chain of quick service restaurants, It has allocated Rs 200 crore as investment to expand operations over the next five years.

The privately-owned F&B company operates over 500 outlets across quick service restaurants, bars, cafes, food courts, banqueting, outdoor catering, corporate food services, and airports. It forayed into Africa with exclusive franchise rights for Domino’s Pizza in Ghana, under its new business vertical, Fire Foods Africa.

The revival in the hospitality sector comes after two years of pandemic-induced closures, state-level curfews and operating restrictions.

here is company details.

 

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